Disney released their Q2 results today, which included an increase in subscribers for Disney+. Disney+ now has 33.5 million subscribers. These numbers include international subscribers, after the streaming service launched in Europe. Since the end of Disney’s Q2, that number has risen to 54.5 million.
While coronavirus has slowed down production on some Disney+ content, other series and movies are still in progress, including the third season of The Mandalorian. Disney has also benefitted from bringing content to the streaming platform ahead of schedule, after coronavirus affected the theatrical release schedule. Frozen 2 made an appearance months ahead of schedule, followed by Onward. Artemis Fowl will skip theaters and go straight to streaming this June.
“While the COVID-19 pandemic has had an appreciable financial impact on a number of our businesses, we are confident in our ability to withstand this disruption and emerge from it in a strong position,” said Bob Chapek, Chief Executive Officer, The Walt Disney Company. “Disney has repeatedly shown that it is exceptionally resilient, bolstered by the quality of our storytelling and the strong affinity consumers have for our brands, which is evident in the extraordinary response to Disney+ since its launch last November.”
In comparison, Netflix recently reported that it ended the quarter with nearly 183 million subscribers, a 22.8% increase from last year. Amazon Prime Video is reportedly near 100 million subscribers, but the company doesn’t report on exact subscriber numbers.
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